Rishi Sunak to make statement this afternoon

Rishi Sunak will address the Conservative Parliamentary Party at 2.30pm this afternoon in a Commons committee room, Sir Graham Brady confirmed.

The 1922 Committee chairman said that the new Tory leader will speak to MPs in Committee Room 14 later this afternoon.

Mr Sunak has completed a spectacular political comeback to become the next prime minister after rival Penny Mordaunt dropped out.